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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 71.08+0.1%Nov 7 9:30 AM EST

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To: SouthFloridaGuy who wrote (33657)4/12/2000 4:04:00 PM
From: lawdog  Read Replies (2) of 77397
 
Like it or not CSCO at 37 is an extremely real possibility. If you believe otherwise you have only followed CSCO for a short time. Tech stocks go down? These people seem so incredibly surprised.

CSCO dive bombed its 50 day MA today and forgot to pull up. My charts had support at 68 which crumbled like my mother's coffee cake. Next support is around 60. If that doesn't hold, hello 35!!! That's the way I see the CSCO chart. We are going down some more, sorry to say. Why did I go and buy April Options today?????? Here's hoping for a bounce tomorrow.

BTW, CSCO has one of the better looking charts of the techs. This really could get nasty.
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